Plan Snapshot
- Plan Sponsor: Samsons Manufacturing Company, INC.
- Sponsor EIN: 582262257
- Sponsor Address: 1201 GARY WAY, WAYNESBORO, GA, 30830
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $1.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 101 | $1.6M | $95,972 | $120,503 |
| 2023 | 108 | $1.6M | $97,255 | $118,662 |
| 2022 | 114 | $1.3M | $97,897 | $129,512 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RPG CONSULTANTS | NONE | $11,707 | — | $11,707 |
| HERTZ HERSON LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,707
- Estimated Expense Ratio: 0.732% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $20,959 | — | — | — | — |
| 2023 | $17,087 | — | — | — | — |
| 2022 | $12,131 | — | — | — | $12,131 |